Many homeowners choose to downsize upon reaching retirement. It’s a great way to make home life more manageable as you age, especially when your family home is large and multi-story. But is it really wise to wait until you’re in your 60s to think about moving house? Instead of delaying the move until you’re older and less physically able, it may be smarter to downsize as soon as the kids move out.
The longer you spend paying for more house than you need, the less money you have to put toward your retirement accounts. And when the median ...
When it comes to energy efficiency, look for smart features and expertise to help you save energy and money and add value to your home.
1. Begin with a Right-Sized Home.
If the home you buy is simply too large for you or your family’s needs or plans, you stand a good chance of wasting energy through excessive heating and cooling costs. If it’s too small, you’ll feel cramped and uncomfortable. It’s a big investment, so seek balance and buy it “right” from the outset.
2. Purchase Energy Star Appliances Such as Your TV, Dishwasher, Washer and Dryer, and Microwave.
And especially the refrigerator, as it alone contributes about 10 percent of the energy use in a home. Also, unplug electronics not in use or turn off power strips to avoid phantom charges.
3. Install Efficient Lighting Such as Compact Fluorescent (CLF) or LED Bulbs in Every Fixture.